Better to keep rent 5-10% below market, but keep a tenant long-term.If you can handle all this, you MIGHT be ready to be a real estate mogul.Otherwise, you may want to get out of your own way and hire a PMC to manage your property better.Let us know how this goes before you continue dreaming about anything else:)

I myself have been a Licensed Real Estate Agent in Southeast Michigan since 2021 when I turned 20 years old, and have took a bit of a hiatus since now to finish my Bachelors in Business Administration.

Most real estate investors don't get into the investment space to become a landlord.

I have found there to be a real shortage of long-term rentals in Ludlow and the surrounding area.  

She is located there and lends all over the area so will have real-time intel for you.

Many of them now have very restrictive permitting requirements.However, I have a real soft spot to Edisto Beach.

It forces me to get real familiar with my business and how my properties are performing.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

Hey BP community,I was doing research about getting involved in real estate syndication as a passive investor and I came across a website called iintoo (link below). https://epiic.iintoo.com/?